Question: Please type the answer no excel or writing 10. Given the following information, calculate the inventory turnover for ABC Co. for 2006 (pick closest number).

 Please type the answer no excel or writing 10. Given the

Please type the answer no excel or writing

10. Given the following information, calculate the inventory turnover for ABC Co. for 2006 (pick closest number). | (in thousands of dollars) 2006 2005 Sales $19,535 $15.470 Cost of Goods Sold $15,101 $11,184 Inventory $2,809 $2,260 A. 8.96 B. 7.22 C. 6.93 D. 5.96

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